Summary
The Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity in India and internationally. It operates through Generation, Renewables, Transmission and Distribution, and Others segments. The Generation segment generates power from hydroelectric and thermal sources, such as coal, gas, and oil. The Renewables segment generates power from renewable energy sources, which include wind and solar. The Transmission and Distribution segment transmits and distributes electricity; sells power to retail customers through distribution network and related ancillary services. The Others segment offers project management contracts/infrastructure management, and property development services, as well as rents oil tanks. The company also manufactures and sells solar photovoltaic cells and modules, and pumps; operates electric vehicle charging stations and coal mines; generates electricity through waste heat sources; trades in power; and provides engineering, procurement, and construction, as well as logistics services. In addition, it offers solar powered water purifier solutions with reverse osmosis or ultra filtration technologies; and microgrid, rooftop solar, and home automation solutions. As of June 8, 2022, the company had an installed capacity of 13,735 MW. The Tata Power Company Limited was founded in 1915 and is based in Mumbai, India.
History
The firm started as the Tata Hydroelectric Power Supply Company in 1910, which amalgamated with the Andhra Valley Power Supply Company in 1916. It commissioned India's Second hydro-electric project in 1915 in Khopoli for 72 MW. Then second and third power plants were installed in Bhivpuri in 1919 and Bhira in 1922.
Mission
Tata Power strives to enable access to power for all by delivering reliable, affordable and sustainable electricity and associated services through the pursuit of excellence in safety, quality and performance
Vision
Tata Power envisages to be a globally admired company in the power sector through sustainable and responsible business practices.
Key Team
Mr. Hasit Kaji B.E, B.Sc (Chief Digital and Information Officer)
Mr. Anand Agarwal B.Com., C.A., C.F.A., C.S. (Chief Investor Relations Officer)
Mr. A. S. Bapat (Head of Corp. Legal)
Captain Vijay K. Rajpal (Chief of Aviation)
Ms. Jyoti Kumar Bansal (Chief of Branding, Corp. Communications, CSR & Sustainability)
Mr. Neeraj Sharma (Chief Engineer)
Mr. Himal Tewari (Chief HR Officer)
Recognition and Awards
Tata Power has won various awards and accolades over the years. These include the 'First Prize in R&D' award by NCPC; 'Golden Peacock Eco Innovation Award' in 2010; 'ET Now Business Leaders' Award' in 2011, among many others.
References
India 